Trueblood Wealth Management LLC Invests $404,000 in Union Pacific Co. (NYSE:UNP)

Trueblood Wealth Management LLC acquired a new position in shares of Union Pacific Co. (NYSE:UNP) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,645 shares of the railroad operator’s stock, valued at approximately $404,000.

Other large investors also recently modified their holdings of the company. MAS Advisors LLC bought a new position in shares of Union Pacific in the first quarter valued at $233,000. Roundview Capital LLC lifted its stake in shares of Union Pacific by 3.8% in the first quarter. Roundview Capital LLC now owns 16,608 shares of the railroad operator’s stock valued at $4,537,000 after buying an additional 614 shares in the last quarter. Dakota Wealth Management bought a new position in shares of Union Pacific in the first quarter valued at $569,000. Candriam Luxembourg S.C.A. lifted its stake in shares of Union Pacific by 3.7% in the first quarter. Candriam Luxembourg S.C.A. now owns 47,144 shares of the railroad operator’s stock valued at $12,880,000 after buying an additional 1,664 shares in the last quarter. Finally, Mather Group LLC. lifted its stake in shares of Union Pacific by 10.1% in the first quarter. Mather Group LLC. now owns 1,745 shares of the railroad operator’s stock valued at $477,000 after buying an additional 160 shares in the last quarter. 80.38% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

UNP has been the subject of a number of research analyst reports. UBS Group raised their price objective on shares of Union Pacific from $235.00 to $248.00 and gave the stock a “neutral” rating in a report on Friday, January 26th. JPMorgan Chase & Co. reduced their target price on shares of Union Pacific from $239.00 to $237.00 and set a “neutral” rating for the company in a research note on Friday, January 26th. Raymond James lifted their target price on shares of Union Pacific from $240.00 to $275.00 and gave the stock a “strong-buy” rating in a research note on Tuesday, January 16th. Royal Bank of Canada reduced their target price on shares of Union Pacific from $282.00 to $272.00 and set an “outperform” rating for the company in a research note on Friday, January 26th. Finally, TD Cowen lifted their target price on shares of Union Pacific from $228.00 to $251.00 and gave the stock an “outperform” rating in a research note on Friday, January 26th. Seven analysts have rated the stock with a hold rating, twelve have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, Union Pacific has a consensus rating of “Moderate Buy” and an average target price of $251.33.

Insider Transactions at Union Pacific

In other news, President Elizabeth F. Whited sold 3,750 shares of the company’s stock in a transaction dated Thursday, February 15th. The stock was sold at an average price of $250.00, for a total value of $937,500.00. Following the completion of the transaction, the president now directly owns 56,682 shares in the company, valued at approximately $14,170,500. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.28% of the company’s stock.

Union Pacific Price Performance

Union Pacific stock traded up $1.30 during mid-day trading on Thursday, hitting $245.93. 2,265,896 shares of the company traded hands, compared to its average volume of 2,366,143. The stock has a fifty day moving average price of $247.65 and a 200-day moving average price of $230.50. The stock has a market cap of $149.96 billion, a price-to-earnings ratio of 23.53, a price-to-earnings-growth ratio of 2.62 and a beta of 1.07. Union Pacific Co. has a one year low of $190.37 and a one year high of $258.66. The company has a debt-to-equity ratio of 2.11, a quick ratio of 0.67 and a current ratio of 0.81.

Union Pacific (NYSE:UNP) last posted its quarterly earnings data on Thursday, January 25th. The railroad operator reported $2.71 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.56 by $0.15. Union Pacific had a net margin of 26.45% and a return on equity of 46.87%. The company had revenue of $6.16 billion during the quarter, compared to the consensus estimate of $6.05 billion. During the same period in the previous year, the firm posted $2.67 EPS. The firm’s revenue was down .3% compared to the same quarter last year. On average, equities analysts predict that Union Pacific Co. will post 10.94 earnings per share for the current fiscal year.

Union Pacific Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 29th. Stockholders of record on Thursday, February 29th will be issued a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 2.11%. The ex-dividend date is Wednesday, February 28th. Union Pacific’s payout ratio is currently 49.71%.

Union Pacific Company Profile

Union Pacific Corporation, through its subsidiary, Union Pacific Railroad Company, operates in the railroad business in the United States. The company offers transportation services for grain and grain products, fertilizers, food and refrigerated products, and coal and renewables to grain processors, animal feeders, ethanol producers, renewable biofuel producers, and other agricultural users; and construction products, industrial chemicals, plastics, forest products, specialized products, metals and ores, petroleum, liquid petroleum gases, soda ash, and sand, as well as finished automobiles, automotive parts, and merchandise in intermodal containers.